We previously covered NIO Inc. (NYSE:NYSE:NIO) in September 2023, discussing its mixed FQ2’23 earnings call, attributed to the underwhelming top/ bottom lines and the likelihood of it missing the previous FY2023 delivery guidance. We had opted to rate the stock as a Hold then, since it was uncertain if the…

DocuSign shares rose as much as 15% and closed up 12% on Friday after the Wall Street Journal reported the e-signature software company tapped advisors about a possible sale. Talks are still preliminary, the Journal reported, citing people familiar with the matter. A DocuSign representative didn’t immediately respond to a…

A federal jury on Friday ordered Rudy Giuliani to pay over $148 million to two Georgia election workers for falsely claiming they committed ballot fraud in the 2020 presidential election.The jaw-dropping figure includes $75 million in punitive damages, along with awards of $20 million to each of the two election…

Freedom (n.): To ask nothing. To expect nothing. To depend on nothing.”― Ayn Rand. Today, we put Outset Medical, Inc. (NASDAQ:OM) in the spotlight for the first time. This intriguing medical device/technology concern is trying to transform the dialysis industry. Stocks within the dialysis market had a large selloff this…

Even Jenna Ortega couldn’t take down “The Night Agent.”The conspiracy thriller topped “Wednesday” as the most popular show on Netflix, according to data released by the streamer in its first ever “What We Watched” engagement report.The report, released this week in the form of a downloadable Microsoft Excel file, features…

Costco Wholesale ‘s first quarter of its fiscal year 2024 came in better than expected, with beats on both the top and bottom lines. The results further demonstrated how the company shines in a challenging macroeconomic environment, with many other retailers under pressure from a weakening consumer, bloated inventory levels…

The Q3 earnings season for the restaurant industry is finally over and we saw mixed results overall. Evidence of this came from another weak report from Dine Brands (DIN) and significant traffic declines at Cracker Barrel (NASDAQ:CBRL), and we haven’t seen much improvement in industry-wide traffic since October. On a…

General Motors’ Cruise autonomous vehicle unit has dismissed nine “key leaders” amid ongoing safety investigations sparked by an October accident in San Francisco, according to an internal message obtained by CNBC.The departures include leaders from Cruise’s legal, government affairs, commercial operations and safety and systems teams, according to the company-wide…

CNBC’s Jim Cramer said the Federal Reserve’s decision to hold rates steady is a win for the bulls and is a sign the tightening cycle is coming to an end. With inflation easing and the potential for rate cuts next year, Cramer said the economy has managed a soft landing…

Listen below or on the go on Apple Podcasts and Spotify Chairman Jay Powell leans dovish after Fed keeps rates on hold. Fed projection pencil in 3 rate cuts next year. Stocks rally, Treasury yields fall as Dow Jones tops 37K. This is an abridged transcript of the podcast The…